scholarly journals National Images – Challenges for South Asian Sub-regional Nations to Sustain Tourism Growth

2016 ◽  
Vol 6 ◽  
pp. 70-97
Author(s):  
Rabi Jung Pandey
Keyword(s):  
Economic Development ◽  
South Asian ◽  
Tourism Industry ◽  
Operating Characteristics ◽  
Environmental Implications ◽  
National Image ◽  
Tourism Marketing ◽  
The World ◽  
External Sources

An image on tourism industry products gives potential traveller an important sense of emotional security. They can establish harmonious relationship between themselves and the outside world. National image is a long term investment and should be considered every time a decision is made at high or low levels of management. Marketers of the tourism product should not underestimate the value of a national image and its effect upon tourist behaviour. The steady growth in the world tourism market has earmarked its importance globally. Inevitably such tourism activities have an impact on wider economies, in both the developed and the developing world. Realizing the fact and importance of tourism, there is growing awareness worldwide. However, there is still relatively little appreciation of the specific operating characteristics of tourism firms, and especially of tourism entrepreneurship within developing countries. The development of national tourism policies, long-term tourism master plans, and tourism marketing strategies clearly highlights the significance that governments all over the world are attached and giving utmost priority to the industry. It is equally important to understand that the reliance on international tourism as a strategy for economic development might be precarious for the country. This is justified by the fact that it is so often associated with a dependency upon external sources of growth. This type of situation will be observed by those countries, which will be having their internal political conflicts, or in other socio-political tribulations. Therefore, such external sources at that time tend to be fickle in nature. Tourism being very sensitive and psycho graphic industry, choices of tourist destinations is susceptible to large fluctuations, particularly because of economic conditions in the tourist’s country of origin or the political situation in the holiday destination. Likewise, there also exist significant socio-economic and geographical dimensions of tourism dependency. The growth of the tourist industry and its potential for stimulating economic development through service sectors has contrived an important point in much of the literature on tourism. South Asian Sub-regional countries are considering tourism as an important industry for their livelihood. Different concepts and different philosophies on tourism are gaining wider recognition in this sub-region. That is why, research and studies going on widely into these areas. However, regardless of considerable dispute on the subject there is still little conformity as to tourism’s role in economic development where the governments will be having many more other socio-economic obligations. In such countries, the overall picture of tourism’s role is found to be somewhat blurred with some challenges, not only by the different assessments of economic development, but also by its socio-cultural and environmental implications as well.The Gaze: Journal of Tourism and Hospitality Vol.6 2014 pp.70-97

Tourism Marketing in Developing Countries

2019 ◽  
pp. 802-816
Author(s):  
Nermeen Atef Ahmed Hegazy
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developing World ◽  
Tourism Industry ◽  
Economic Conditions ◽  
Tourism Marketing ◽  
The World

Tourism is an attractive tool for economic development, especially in the developing world because tourism industry is considered as one of the largest and the most diverse industries in the world and it is one of the fastest growing sectors of the global economic. Many countries are seeking a way to improve their economic conditions; they see tourism as a major source of income, employment, and development of economic. The World Travel & Tourism Council (WTTC) researches assesses that the Travel & Tourism industry's contribution to GDP and jobs for 184 countries and 24 regions and economic groups in the world1.

Tourism Marketing in Developing Countries

2019 ◽  
pp. 168-182
Author(s):  
Nermeen Atef Ahmed Hegazy
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developing World ◽  
Tourism Industry ◽  
Economic Conditions ◽  
Tourism Marketing ◽  
The World

Tourism is an attractive tool for economic development, especially in the developing world because tourism industry is considered as one of the largest and the most diverse industries in the world and it is one of the fastest growing sectors of the global economic. Many countries are seeking a way to improve their economic conditions; they see tourism as a major source of income, employment, and development of economic. The World Travel & Tourism Council (WTTC) researches assesses that the Travel & Tourism industry's contribution to GDP and jobs for 184 countries and 24 regions and economic groups in the world1.

Tourism Marketing in Developing Countries

2015 ◽  
pp. 195-210
Author(s):  
Nermeen Atef Ahmed Hegazy
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developing World ◽  
Tourism Industry ◽  
Economic Conditions ◽  
Tourism Marketing ◽  
The World

Tourism is an attractive tool for economic development, especially in the developing world because tourism industry is considered as one of the largest and the most diverse industries in the world and it is one of the fastest growing sectors of the global economic. Many countries are seeking a way to improve their economic conditions; they see tourism as a major source of income, employment, and development of economic. The World Travel & Tourism Council (WTTC) researches assesses that the Travel & Tourism industry's contribution to GDP and jobs for 184 countries and 24 regions and economic groups in the world1.

Factors and Prospects for Overcoming the Socio-Demographic Crisis in Russia

2020 ◽  
Vol 144 ◽  
pp. 74-81
Author(s):  
Boris N. Kuzyk ◽  
◽  
Valentina G. Dobrokhleb ◽  
Tatiana Y. Yakovets ◽  
◽  
...  
Keyword(s):  
Economic Development ◽  
Present Article ◽  
Social Doctrine ◽  
Demographic Dynamics ◽  
The World ◽  
Socio Economic Development

Demographic crisis remains one of the main challenges to socio-economic development of Russia. The COVID–19 pandemic has aggravated preconditions for a possible recovery from depopulation. The present article substantiates the need to develop and approve the RF social doctrine upon completion of national projects in 2018–2024. The authors suggest their own approach to overcoming the socio-demographic crisis with regard to the long-term demographic dynamics in Russia. Various scenarios of the “post-coronavirus” future of both specific countries and the world as a whole are proposed.

Global Medical Tourism

2017 ◽  
pp. 1-19
Author(s):  
Sukanya Banerjee ◽  
Siddhartha Sankar Nath ◽  
Nilanjan Dey ◽  
Hajime Eto
Keyword(s):  
Economic Development ◽  
Medical Treatment ◽  
Foreign Exchange ◽  
Medical Tourism ◽  
Service Industry ◽  
Developing Nations ◽  
Tourism Industry ◽  
Cost Benefits ◽  
The World ◽  
Developed Nations

Medical tourism is related to the travel of patients from one country to another in order to obtain medical treatment in that country. There are several countries worldwide promoting medical tourism and attracting patients. Most of the developing nations attract the patients because of cost benefits whereas the developed nations attract patients who require complex surgeries or any kind of advanced medical treatment. The main aim of this research paper is to focus on the development of medical tourism industry, worldwide. Medical Tourism industry throughout the world is growing at a fast rate. It has huge potential for generating employment and earning large amount of foreign exchange. This will help in the country's overall economic development. Medical tourism incorporates multi-dimensional activity but basically it is a service industry. Hence, medical tourism is a vital revenue earning source especially for the developing nations. Hence, it can be said that it is a win situation for both the patients as well as the destination countries.

scholarly journals Peran Politik dalam Pembangunan Ekonomi Indonesia

2020 ◽  
Vol 12 (03) ◽  
pp. 232-248
Author(s):  
Moh. Hudi
Keyword(s):  
Economic Development ◽  
World Trade Organization ◽  
World Trade ◽  
The World ◽  
Asian Nation ◽  
Level Of Economic Development ◽  
Asean Countries ◽  
Asian Pacific

Indonesia is a developing country which is one of the countries that are members of the group of world countries, including the World Trade Organization (WTO), the Asian Pacific Economic Corporation (APEC), Southeast Asia Association of South East Of Asian Nation (ASEAN) and others. Even though until now the Indonesian state in its level of economic development is not very well established. Even among ASEAN countries, Indonesia is still lagging behind other ASEAN countries. This will hamper Indonesia's growth in the medium and long term if the quality of the economy is not immediately improved.

scholarly journals Теоретические подходы к изучению инновационного финансирования в условиях улучшения инвестиционного климата

2020 ◽  
pp. 93-105
Author(s):  
Екатерина Шеина ◽  
Олим Астанакулов
Keyword(s):  
Industrial Revolution ◽  
Financial Sector ◽  
Bank Lending ◽  
Point Of View ◽  
Funding Sources ◽  
The World ◽  
External Sources ◽  
Business Entities ◽  
Sustainable Economic Growth

В статье рассматривается историческая эволюция и сравнительные характеристики методов финансирования, которые классифицируются авторами как традиционные, переходные и инновационные. В процессе исследования применяются методы причинно-следственного и структурно- логического анализа, что позволяет перейти от теоретического обзора методов финансирования к изучению особенностей инновационных источников финансирования на основе крауд-платформ с точки зрения ресурсов, инвесторов и механизма реализации. Полученные результаты исследования подчеркивают значимость и необходимость внедрения новых финансовых технологий в рамках общей цифровизации в части краудфандинга, краудинвестинга и краудлен- динга в экономику России, что позволит обеспечить устойчивый экономический рост российским предприятиям. At all stages of the economy development and growth the issue of creating the system of financial sources, affordable and meeting the demands of the business entities financial activities, was one of the most acute. Fundamentally new sources and methods of the enterprises financing are being developed due to the world community entering the fourth industrial revolution. The traditional methods, such as bank lending, commercial lending, payables, leasing, factoring, venture financing and issuing securities can no longer be completely adequate to the occurring changes speed and mobility, including the financial sector and the field of capital formation. The authors of the article considered the features of the modern financial market, analyzed the methods of financing depending on the period of financing (short-term, medium-term, long-term), as well as on the extent of the company treatment (internal and external sources). Based on the systematization and generalization of the scientific and practical ground in this area, the authors developed and logically proved their own classification of financing methods, conventionally divided into groups according to the historical chronology - traditional, transitional, and innovative. The most challenging from the point of view of the internet technologies development and the general digitalization of the economy are such forms as crowdfunding, crowdinvesting and crowdlending. The authors provided the comparative analysis of the funding sources which are included into these groups and proved the necessity for developing and introducing the crowding technologies into the country's economy. To understand and implement the practical mechanism for introducing the Crowd technologies into the modern financial sector of the Russian Federation, the authors analyzed the applicable regulatory framework and demonstrated the essentiality of introducing an appropriate federal legislation that would legalize the basic concepts in this area and would reduce the risks of the crowd transactions participants. As an illustration, confirming the possibility of introducing these financial instruments, the authors considered such factors as the volume of transactions and the main indicators of crowdfunding in the world. The recommendations of the authors are aimed at simplifying and accelerating Russia's joining the world of financial innovations, which would ensure sustainable economic growth for Russian enterprises.

scholarly journals Indian Tourism Industry and COVID-19: Present Scenario

2020 ◽  
Vol 10 ◽  
pp. 179-185 ◽  
Author(s):  
Vineet Kumar
Keyword(s):  
Foreign Exchange ◽  
Virus Disease ◽  
Hotel Industry ◽  
Tourism Industry ◽  
Modern Times ◽  
The World ◽  
Life Threatening ◽  
Tourism Resources ◽  
In The Beginning

Tourism is a backbone of economy for many countries of the world. Tourism is a big source and always helpful in generating revenue and a mean of foreign exchange. Scenario in our country is not much different and Tourism contributes to GDP of this country in a big proportion. However it’s a deep matter of concern for all the stakeholders associated with tourism industry that tourism is the most affected sector in the world due to corona virus disease (COVID-19) in the beginning of 2020.COVID-19 is spreading rapidly at an unprecedented scale across continents and has emerged as the single biggest life threatening health risk in the world has faced in modern times. Th is paper focuses on the COVID-19 issue in India and its impact on the tourism and hotel industry, the paper has some significance, as the tourism and hotel industry greatly affected by the COVID-19 crisis worldwide. India is the 7th largest country of the world and rich with various tourism resources and millions of tourists arrive annually, which contributes to the country’s GDP. The need of the hour, is to take early steps to overcome the present slowdown in tourism industry by analyzing its long term impacts at the earliest.

scholarly journals Upaya Indonesia Meningkatkan Pariwisata Maritim melalui Diplomasi Kebudayaan di Asia Tenggara

2017 ◽  
Vol 2 (1) ◽  
pp. 51 ◽  
Author(s):  
Harits Dwi W. ◽  
Bagus Subekti N.
Keyword(s):  
Economic Development ◽  
National Economy ◽  
Cultural Diplomacy ◽  
State Building ◽  
Tourism Industry ◽  
The State ◽  
The Third ◽  
The World ◽  
The Future ◽  
The Government

Indonesia is one of the largest archipelagic countries in the world, having more than 17,000 islands. It becomes one priority to the state building, more importantly in the national economy. State economic development can be driven by maximizing the potential of seawater through the tourism industry, especially in maritime tourism which is one part of the third pillars of the maritime axis. Maritime tourism may serve as an instrument of Indonesian diplomacy to compete in Southeast Asia’s tourism race. It could be very significant when the government is able to manage the potential resources. This paper argues that maritime tourism is potential for Indonesian development through maritime tourism industry in the future. This paper employs cultural diplomacy concept to describe how cultural diplomacy plays role as an instrument in promoting Indonesia’s tourism industry in the region.Keywords: maritime tourism, cultural diplomacy, tourism industry

ENERGY AND ECONOMICS AS A KEY PERSPECTIVE DIRECTION OF RUSSIA-INDIA COOPERATION

2020 ◽  
pp. 29-39
Author(s):  
Lyudmila A. Pechishcheva ◽  
◽  
Konstantin A. Korneev ◽  
Keyword(s):  
Economic Development ◽  
South Asian ◽  
Regional Integration ◽  
Shanghai Cooperation Organization ◽  
Investment Projects ◽  
Current State ◽  
The World ◽  
Trading Partners ◽  
Political Economic ◽  
Near Future

The implementation of the Greater Eurasian Partnership concept is hard to imagine without the development of both Russia-China and RussiaIndia cooperation. It is obvious that in the near future India will become one of the dynamic centers of economic development not only in South Asia, but also in the world, so the interest in this country among Russian and foreign scientists is only increasing. Moreover, India is one of the traditional trading partners of Russia (previously – the USSR), and it is not just about military-technical and humanitarian cooperation. Currently, new opportunities are emerging, so the analysis of the current state and prospects of Russian-Indian cooperation is very relevant. The intensification of multilateral interaction within the framework of the Shanghai Cooperation Organization is an effective tool for the conducting Russian interests in the Central and South Asian regions. India and Pakistan, that became the fully legitimate members of the Shanghai Cooperation Organization in 2017, are concerned not only in expanding their political, economic and humanitarian influence, but also in carrying out investment projects under the auspices of the Organization. Russia-India relations, that somewhat slowed down in the 1990s, are getting now a new boost thanks to the opening prospects for regional integration that contributes to strengthening the already established partnership areas in such important areas as the economy and energy.

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